I was once asked, at a journalism conference, how I defined my job. I said: My job is to write the exact same thing between 50 and 100 times a year in such a way that neither my editors nor my readers will ever think I am repeating myself. That’s because good advice rarely changes, […]
Here’s a holiday suggestion that only a personal finance blogger would make: While you’re celebrating Independence Day, take some time to nail down the day you want to become financially independent. Declaring your Financial Independence Day is a better idea than trying to come up with “the number” you need to retire, especially if you’re […]
Why We Make Bad Decisions About Money (And What We Can Do About It)
What fee-only advice really means and how to choose a planner. Real estate investors famously focus on location, location, location. If they started reading up on hiring a financial adviser, they might conclude the three most important things are fees, fees, fees. At least that’s the view from the outside looking in after scanning various […]
On this week’s Consuelo Mack WealthTrack – legendary financial consultant Charles Ellis. His “Winning the Loser’s Game” is an investment classic. Now he’s written a new investment primer with Princeton economist Burton Malkiel, “The Elements of Investing.” Financial Thought Leader Ellis offers basic rules to succeed in the financial markets.